Largest share (40.1%) of small businesses in Food & Accommodation (NAICS72) reporting decreasing their employee hours in the last week since the week of May 10th @uscensusbureau
Same for revenue – largest share (62.4%) reporting a decrease in revenue in the last week since May 10th.
This week also marks the highest (50.1%) share of small businesses in this sector reporting they will need additional financial assistance or capital in the next six months. Over 5% report they will close in the next six months.